Stoxline rating system posted a NEUTRAL today, downgraded from higher rating. This stock seems to stay at current move trend, but it could change at anytime. So it is not a good time to buy or sell, stay at where you are until next BUY or SELL signal.

Target:

Six months: 1.35 One year: 1.53

Support:

Support1: 0.90 Support2: 0.75

Resistance:

Resistance1:
1.15 Resistance2: 1.31

Pivot:

1.01

Moving Averages:

MA(5): 0.96 MA(20): 1.03

MA(100): 1.13 MA(250): 1.88

MACD:

MACD(12,26):
-0.04 Signal(12,26,9): -0.04

%K %D:

%K(14,3): 25.29 %D(3): 19.64

RSI:

RSI(14): 41.71

52-Week:

High: 4
Low: 0.68 Change(%): -67.3

Average Vol(K):

3-Month: 63789
10-Days 50238

★Strong Sell★★Sell ★★★ Neutral★★★★Buy★★★★★Strong Buy

Price, moving averages and
Bollinger Bands

Price and moving averages has closed below its Short term moving average. Short term moving average is currently below mid-term; AND below long term moving averages. From the relationship between price and moving averages; we can see that: This stock is BEARISH in short-term; and BEARISH in mid-long term.MRDN has closed above bottom band by 27.8%. Bollinger Bands are 57.7% narrower than normal. The narrow width of the bands suggests low volatility as compared to MRDN's normal range. The bands have been in this narrow range for 42 bars. This is a sign that the market may be about to initiate a new trend.

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